Egypt counts on 'strategic relations with France' to secure wheat supplies amid Ukrainian crisis

Egypt counts on 'strategic relations with France' to secure wheat supplies amid Ukrainian crisis
March 29, 2022, 4:51 am

Egypt is in talks with Argentina, India, France and the United States for future wheat imports (File photo: Pixabay)

The Xinhua reported, Egyptian Prime Minister Mostafa Madbouly said on Monday that Egypt counts on "its strategic relations with France" to secure some supplies of basic commodities like wheat, in case the Ukrainian crisis continues for a long time.

According to a government statement, Madbouly's remarks came during his meeting with visiting French Economy and Finance Minister Bruno Le Maire in Cairo.

The Egyptian prime minister: "Egypt and France share the same visions and concerns about the repercussions of the Russian-Ukrainian crisis." He noting the longer the crisis continues, the more dire consequences it will have on the global economy.

For his part, Le Maire affirmed his country's full support for Egypt during the economic crisis the world is facing, especially with regard to the global commodity market.

He said France produces about 35 million tonnes of wheat annually and exports about half of them, highlighting France's readiness to cooperate with Egypt in this field.

Earlier in the day, Le Maire held talks with Egyptian President Abdel-Fattah al-Sisi, discussing means of furthering economic cooperation between the two countries.

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During the meeting, the Egyptian president highlighted "the strategic relations between Egypt and France," according to the Egyptian presidency.

Source: xinhua

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